Old Mutual Securities Ltd - News & Analysis | Oct 22 2014: This research report was prepared by the Research Department of Old Mutual Securities Limited. Old Mutual Securities Limited is a securities trading company licensed by the Capital Markets Authority (Kenya) for the purpose of facilitating trade on the Nairobi Securities Exchange. News making headlines: * Treasury set to pay KES 10B of the estimated KES 30B tax refunds in Jan 2015 with balance to be cleared within Q1 of same year * Listed retailer Uchumi supermarkets secures additional KES 600M from KCB at a cost of 18% * Regional lender East African Development Bank has received USD40M (KES 3.56B) from the African Development Bank to expand its long-term lending to infrastructure, manufacturing, tourism and health sectors * The Kenyan shilling firmed against the dollar on Tuesday as investors sought local currency before the auction of a government infrastructure bond on Wednesday, 22nd Oct 2014 * Swiss firm Dufry International AG has been awarded a 10-year contract to build and maintain duty-free shops at East Africa’s busiest airport, Jomo Kenyatta International Airport Read more in the document below: --- --- Related links: * View Kenyan annual reports on AfricanFinancials * Visit Old Mutual Securities Limited website
Posted on: Wed, 22 Oct 2014 11:26:50 +0000
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